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Business, 16.07.2019 03:10 KaliBratz

The following direct materials data pertain to the operations of wright co. for the month of december. standard materials price $5.00 per pound actual quantity of materials purchased and used 16,500 pounds the standard cost card shows that a finished product contains 4 pounds of materials. the 16,500 pounds were purchased in december at a discount of 4% from the standard price. in december, 4,000 units of finished product were manufactured. calculate the materials variances. identify whether the variance is favorable or unfavorable?

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